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US State Dept Walks Back Purported $400 Mn Tesla Contract

The US State Department backtracked Thursday on a document saying it would award $400 million for electric armored cars by Tesla, whose chief Elon Musk has been aggressively slashing government spending on behalf of President Donald Trump.

Nestle Sales Beat Forecast After Price Hikes

Swiss food giant Nestle reported better-than-expected annual sales on Thursday, boosting its shares after the maker of Nescafe coffee, KitKat chocolate and Purina dog food hiked prices to offset inflation.

US Denies Trump Peace Push A 'Betrayal' Of Ukraine

Donald Trump's defence chief denied Thursday the US president was betraying Ukraine by opening talks with Russia's Vladimir Putin, as blindsided European powers insisted they and Kyiv must have a seat at the table.

UK Economy Picks Up Ahead Of US Tariff Risks

Britain's economy surprisingly picked up at the end of last year, official data showed Thursday, relieving some pressure on the Labour government as the country faces up to US tariffs.

US Senate To OK Vaccine Critic Kennedy As Health Secretary

The Republican-controlled US Senate was expected Thursday to approve vaccine conspiracy theorist Robert F. Kennedy Jr. as health secretary, despite major concerns from both political parties and many in the medical and scientific communities.

South Korea's Yoon Back In Court For Impeachment Hearing

South Korea's suspended President Yoon Suk Yeol will get another hearing next week before judges decide on whether to formally remove him from office over his martial law decree, the country's Constitutional Court said Thursday.

Heineken Shares Pop On Bubbly Beer Sales

Shares in Dutch brewer Heineken fizzed at the market open on Wednesday, as traders cheered better-than-expected beer sales despite a slight dip in overall turnover.

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